Q3 EPS Forecast for Freightcar America Increased by Analyst

Freightcar America, Inc. (NASDAQ:RAIL) – Equities research analysts at Noble Financial lifted their Q3 2026 earnings per share estimates for shares of Freightcar America in a report released on Monday, March 30th. Noble Financial analyst M. Reichman now anticipates that the transportation company will earn $0.18 per share for the quarter, up from their prior forecast of $0.16. The consensus estimate for Freightcar America’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for Freightcar America’s Q4 2026 earnings at $0.19 EPS.

Freightcar America (NASDAQ:RAIL) last issued its earnings results on Monday, March 9th. The transportation company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). Freightcar America had a negative return on equity of 15.54% and a net margin of 7.61%.The company had revenue of $125.57 million during the quarter, compared to analyst estimates of $144.95 million.

Several other brokerages also recently weighed in on RAIL. Wall Street Zen downgraded shares of Freightcar America from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Weiss Ratings upgraded shares of Freightcar America from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $9.00.

Freightcar America Stock Performance

Freightcar America stock opened at $8.23 on Wednesday. Freightcar America has a one year low of $4.31 and a one year high of $14.90. The company has a 50-day simple moving average of $11.28 and a 200-day simple moving average of $10.16. The firm has a market capitalization of $156.95 million, a P/E ratio of 7.41 and a beta of 1.70.

Institutional Trading of Freightcar America

A number of institutional investors have recently made changes to their positions in RAIL. BNP Paribas Financial Markets boosted its holdings in shares of Freightcar America by 208.6% in the third quarter. BNP Paribas Financial Markets now owns 2,935 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 1,984 shares in the last quarter. Royal Bank of Canada raised its holdings in Freightcar America by 2,843.5% during the fourth quarter. Royal Bank of Canada now owns 4,062 shares of the transportation company’s stock worth $45,000 after purchasing an additional 3,924 shares in the last quarter. Quarry LP acquired a new stake in Freightcar America in the third quarter worth approximately $53,000. Dynamic Technology Lab Private Ltd acquired a new stake in Freightcar America in the first quarter worth approximately $61,000. Finally, State of Wyoming bought a new position in Freightcar America during the 2nd quarter valued at $63,000. 31.96% of the stock is owned by institutional investors and hedge funds.

Freightcar America Company Profile

FreightCar America, Inc is a designer and manufacturer of specialized railroad freight cars, offering a diverse range of products that include tank cars, open and covered hoppers, gondolas, boxcars and centerbeam lumber cars. The company supports both new car construction and the rebuilding of existing fleets, providing custom engineering solutions to meet customer specifications and industry regulations. FreightCar America also supplies aftermarket parts, maintenance services and component remanufacturing for its own fleet and for third-party car owners.

Headquartered in Chicago, Illinois, FreightCar America traces its origins to early 20th-century railcar builders and began trading as an independent, publicly-listed company on the NASDAQ under the ticker RAIL following a spin-off in 2010.